Guidance to companies in trouble
Credit crunch advice from Business Link and Living Streams.
Living Streams would like to remind businesses who are struggling because of the credit crunch that advertising / marketing can be made far more cost effective by moving it from offline to online. Frequently the cost of Living Streams search engine marketing services is repaid many times over in the reduced cost of gaining leads and clients. Contact us now for a free assessment.
Business Link has also made available some guides to provide useful advice to businesses who are struggling because of the credit crunch:
Assess the health of your business
Use an interactive tool to assess how well your business is currently performing
Keep an eye on cashflow to help you avoid insolvency and do not allow debts to exceed assets
Recover debt through court
Steps to take before legal action, using solicitors, debt recovery agents and pursuing a legal claim
Insolvency and bankruptcy
What you need to know about insolvency, bankruptcy and receivership
Alternatives to bankruptcy
An interactive tool to help you investigate alternatives to declaring yourself bankrupt